Commercial Metals Company Receives Permit Allowing for Construction of Fourth Micro Mill

Commercial Metals Company (NYSE: CMC) (“CMC”) today announced that the West Virginia Department of Environmental Protection has granted it a permit that allows CMC to commence construction of its fourth technologically advanced micro mill.

“Receiving this permit is an important milestone in our Steel West Virginia micro mill project,” said Barbara Smith, Chief Executive Officer and Chairman of the Board. “With the permit in hand, and land purchase completed, we can now begin construction to achieve our targeted commissioning date in calendar 2025.”

About Commercial Metals Company

Commercial Metals Company and its subsidiaries manufacture, recycle and fabricate steel and metal products and provide related materials and services through a network of facilities that includes seven electric arc furnace (“EAF”) mini mills, three EAF micro mills, one rerolling mill, steel fabrication and processing plants, construction-related product warehouses, and metal recycling facilities in the United States and Poland. Through its Tensar division, CMC is a leading global provider of innovative ground and soil stabilization solutions selling into more than 80 national markets through its two major product lines: Tensar® geogrids and Geopier® foundation systems.

Source: Commercial Metals Company